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Class Code Pure Premium
POLICY YEAR | PAYROLL (IN HUNDREDS) ($) | IND LIKELY LOSES | IND NOT-LIKELY LOSSES | MEDICAL LIKELY LOSSES ($) | MEDICAL NOT-LIKELY LOSSES ($) | TOTAL LOSSES ($) | TOTAL PURE PREMIUM ($) | ||
---|---|---|---|---|---|---|---|---|---|
# CASES | AMOUNT ($) | # CASES | AMOUNT ($) | ||||||
2017 | 802,967 | 6 | 148,082 | 20 | 531,402 | 35,181 | 257,282 | 971,947 | 1.21 |
2018 | 796,784 | 2 | 2,177 | 26 | 1,125,222 | 1,225 | 373,987 | 1,502,611 | 1.89 |
2019 | 757,919 | 1 | 229,401 | 13 | 459,061 | 96,568 | 173,699 | 958,729 | 1.26 |
2020 | 710,716 | 1 | 13,801 | 16 | 1,119,711 | 12,098 | 460,570 | 1,606,180 | 2.26 |
2021 | 702,528 | 2 | 157,058 | 7 | 174,327 | 75,990 | 102,827 | 510,202 | .73 |
TOTAL | 3,770,914 | 12 | 550,519 | 82 | 3,409,723 | 221,062 | 1,368,365 | 5,549,669 | 1.47 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 38 | 1.050 | 48 | 0.421 | 1.47 |
PURE PREMIUM UNDERLYING PRESENT RATE | 62 | 1.088 | 52 | 0.523 | 1.61 |
PURE PREMIUM DERIVED BY FORMULA | 1.074 | 0.474 | 1.55 |